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Articles in this issue: Trump says US, Iran agree to continue talks but ceasefire over China evacuates over one million as Typhoon Bavi nears North Korea condemns NATO summit, says denuclearisation should start with US allies Ten wounded as Russia strikes Kyiv with missiles Businessman who sold land for Kushner resort in Albania suspected of faking the deeds UK police release man arrested on suspicion of killing former minister Widdecombe Moldova's president nominates Vasile Tofan as new PM New Zealand, India upgrade ties as PM Modi visits Auckland One killed in drone attack on vessels in Taganrog Bay, Russian authorities say Top Indonesian prosecutor resigns amid corruption probe Nigeria rescues schoolchildren, teachers abducted in Oyo, presidency says Sudanese return home to a capital unready to welcome them Senegal's top court calls parliament-backed reform 'unconstitutional' Sudan army says US peace plan must call for full RSF withdrawal from cities, documents show Algeria reopens airspace to Malian flights, state media says South Africa arrests UK murder suspect wanted for deaths of wife and two daughters Kenya's Wanyonyi breaks 1,000m world record Africa can look back on World Cup with satisfaction despite no top-four finish Eliminated Morocco turn attention to co-hosting 2030 World Cup Nigeria charges 10 after meth lab bust, including 3 Mexicans Cuba's power grid fails for second time this week, plunging country into darkness US, Latin American allies urge against casting doubt on Colombia's electoral process US, Canada strike deal on tolls to let new bridge open on July 27 Cuba projects internal unity after Raul Castro's grandson offers to negotiate with US Bahamas grounds Flamingo Air after 10 die in plane crash US extends work permits for Haitians, other immigrants with temporary protected status Overcrowded shelters, lack of clean water pose health risks after Venezuela quakes, PAHO says Bank of Canada to hold rates steady in 2026 as inflation risks appear contained: Reuters poll US files proposed deal with Keystone pipeline owner over 2022 Kansas rupture Canada's economy posts modest job gains in June, unemployment rate dips Bangladesh's Hasina plans December return with party colleagues to surrender Malaysians in Johor state go to the polls in test of unity for PM Anwar's coalition A decade after historic ruling, Philippine fishermen say driven away from disputed shoal by China Japan's southwestern islands on high alert as powerful Typhoon Bavi approaches Xi says China’s commitment to North Korea friendship will not change, KCNA reports Missile test showcases sensitive Chinese submarine capabilities key to nuclear deterrent China can help end Ukraine war by pressuring Russia, U.S. Senator Graham says Northern China braces for heavy rains as Bavi nears German automakers hit by sharp China sales drop in second quarter Shein's secretive founder Sky Xu faces biggest public test with Hong Kong IPO Namibia secures China deals on infrastructure, mining and energy with state visit Shein could aim for September or October IPO in Hong Kong, source says Andy Burnham poised to become Britain's next PM after most Labour lawmakers support him Man arrested on suspicion of murdering former UK minister Ann Widdecombe Ukraine creates 'long-range' command to step up strikes on Russia US senators say agreement reached with Trump on Russia sanctions bill Ukraine wants joint investigation in Monaco bomb case, top prosecutor says Ryanair passenger partially sucked out of window on flight from Greece Indian police arrest dozens after violent protests over rape, murder of 11-year-old girl India exempts GIFT City units from foreign vessel licensing India's NSE to pitch IPO to 30 global investors as play on deepening capital markets, sources say India's TCS up as AI momentum fuels revenue beat; sector recovery gradual, analysts say India's Dr Reddy's posts worst week in 3 years as semaglutide setback stokes growth fears India's ONGC plans to build 13 million bbl national strategic oil reserve Australia's Big Bash League season-opener to be played in India How the absence of Iran's new supreme leader is becoming a liability for the Islamic Republic Iran oil stuck at sea surges as China's teapots turn to rival Middle East supplies, traders say Trump says missiles aimed at Iran if Tehran targets US president Trump says US agreed to Iran's request to continue talks, but ceasefire is over US issues fresh Iran-related sanctions as conflict flares US insists Iran commit to stopping attacks in Hormuz strait, say US officials Fire at western Iranian mini-refinery contained, Iran media says Iran has asked to continue talks and the US agreed, Trump says Trump wants to leave the Iran war behind. That won't happen soon Oil prices settle lower on hopes for smoother shipping in Strait of Hormuz Countries must reject Iran efforts to control Hormuz, UN agency document says Traffic slows through Strait of Hormuz as Iran tensions flare US-Iran escalation could threaten 2027 oil market surplus, IEA says Iran says it hits US military targets in Gulf, buries slain leader Khamenei Greek PM announces deal to cut fuel prices over the summer Thai court to consider damages sought by crew of ship attacked in Strait of Hormuz Slain Iranian leader buried as successor remains out of sight How a Palestinian town is defending itself from Israeli settler attacks Japan signals massive pension shift to domestic assets, sparking rally in yen, bonds SoftBank, PayPay in talks to invest in Seven & i, Bloomberg reports Japan's pension pivot puts Abe-era outpouring of capital in reverse Japan's GPIF holds about $931 billion in foreign assets BOJ may raise growth forecast, maintain vigilance to inflation risk, sources say Japan weather bureau sees 100% chance El Nino persists through autumn Morning Bid: Japan calling capital home US makes it easier to export Nvidia AI chips and military equipment to the UAE Iran state media says explosion in eastern Tehran province was controlled ammunition disposal Turkey orders detention of 36 suspects in bribery probe in opposition-held district Explainer: What is Islamic State, the group linked to this week's Damascus bombs? Trump's promise on Patriots will take time, leaving Ukraine facing tough choices Russia evades Ukraine electrical substation defences with small, unjammable drones Putin likely to escalate Ukraine war, despite Trump peace push Zelenskiy says Patriot missile licences agreed with US at political level RPT Russia halts Don-Azov channel shipping, affecting grain trade, after Ukraine attacks Ukraine unveils new 2,000 hryvnia bill as war drives demand for cash Russia’s gasoline output covers 65% of demand after Ukrainian strikes, sources say Rutte, Zelenskiy to attend Ukraine 'Coalition of the Willing' meeting, Elysee says King Charles meets Prince Harry's children for first time since 2022 British police investigate donations to Farage's Reform party England's Kane confirms golf outing with Trump, praises president's game UK loses case over asylum seeker rejections linked to migrant deal with France Replica of mosque set alight on Northern Ireland bonfire UK's Clacton by-election, triggered by Farage, to take place on August 13 Ruthless Zverev spoils Fery's Wimbledon dream to power into final Trump says he will not sign 'big yawn' bipartisan housing bill Witnesses to fatal Houston ICE shooting challenge agency's account, lawyer says Charlie Kirk's widow views video she requested of husband's alleged killer Family demands answers in death of young Black man in Mississippi US acting spy chief announces new round of staff reductions Flash flooding traps hundreds of people in rural Missouri US pain at the pump worsens after more US-Iran fighting lifts oil prices Trump officials sought ways to sidestep election agency before firings, sources say Maine Senate candidate Graham Platner formally withdraws from race New York City to ban firms from using subscription traps, officials say Apple sues OpenAI, two former employees for trade secrets theft Meta scraps AI image feature days after launch following privacy backlash Oregon drops motion to delay Paramount-Warner Bros deal SK Hynix shares jump in marquee US debut as AI euphoria persists US activist investors must disclose clients in filings, SEC says Wall Street ends higher as investors turn to earnings season Trump makes the stock market his scoreboard, but many Americans aren't even in the game EU tells Instagram, Facebook to change addictive features or risk fines Occidental's quarterly realized oil prices jump amid Iran war disruption Holtec Nuclear Corporation files for US IPO amid surging power demand Inside the US race for drone delivery dominance Turkey's Erdogan gives NATO leaders revolver conundrum after summit EasyJet backs rival $7.7 billion Apollo bid as takeover battle brews Delta expects fare gains to hold as fuel volatility pressures airlines Philippine Air to order 15 Boeing 787-10 and nine Airbus A350-1000 Electric car drivers dodge Russia's hours-long fuel queues Volkswagen revamp plan blocked by labour opposition, sources say Carmakers broadly win first round in UK lawsuits over diesel emissions Skoda Auto says it is not directly impacted by VW overhaul plans Volkswagen deliveries suffer biggest drop since 2022 on China slump BMW deliveries slide in Q2, as sales in China drop nearly a third Audi half-year deliveries fall on China competition, US tariffs Meme ETF rally leaves many underwater IEA head urges EU to reconsider opposition to new Arctic oil drilling IEA cuts Russian oil output forecasts on Ukrainian attacks Spanish wildfire victims burned in cars as roads turned into death traps Trump administration rule weakens protections for threatened species Chinese zoo locked animals in cages to prevent escape as typhoon-related floodwaters rose Twelve killed, 23 missing in one of Spain's deadliest wildfires China and US-Mexico border experienced record dust storms in 2025, UN agency says France recorded 131 drowning deaths since June 19 amid heatwave, minister says Deep-sea mining threatens molluscs holding promise for science, Red List shows German lawmakers approve healthcare shake-up aimed at taming costs SK Hynix advisors win big fee windfall after modest SpaceX payday EU regulators hit US wall in quest for private credit data Wall Street banks rule on staff betting on prediction markets, sources say Yen climbs as Japan considers nudging pension funds into domestic assets Warsh task force members get an A at the outset, but results will need broad buy-in Telecom shares boost UK's FTSE 100, though index clocks weekly loss UK to regulate cloud service providers Microsoft, Google and others to protect financial stability GSK, Hansoh's targeted cancer drug hits main survival goal in China trial US FDA approves Sanofi's wearable injector form of blood cancer drug Certain patients with advanced lung cancer may be saved by transplant Sleep apnea pill maker Apnimed files for US IPO as biotech market revives EU regulator warns of small brain tumor risk with desogestrel, etonogestrel contraceptives Elevar-Hengrui hit with third FDA rejection for liver cancer therapy over manufacturing concerns US citizen in Congo tests positive for Ebola virus, US CDC says US FDA proposes rule to simplify registration for some drug manufacturers South Africa to allow private foot-and-mouth vaccine imports New York Times countersues US employment agency over DEI lawsuit Trailblazer Prokop hopes to inspire other gay athletes with new documentary French tycoon Niel becomes Vodafone's top shareholder in $6 billion deal Campari fights Aperol copycats as rivals chase growing spritz market Shein says legal dispute with Lacoste ongoing Bausch to stop glaucoma eye drop development after trial miss Circle wins final regulatory approval to establish US trust bank, shares rise Coinbase's top attorney who has led crypto's Washington fight to step down Chips, banks and volatility 'Potential for chaos', German union warns on Commerzbank and UniCredit Wall Street climbs, oil slides as investors bet on AI growth over Middle East tensions USDA lowers beef export sales by 90% amid growing doubts over data Fed officials fret over inflation risk, weigh rate hikes SpaceX's near-term AI payoff seen tethered to Earth, not outer space Mapping the Market: Oil's unfinished business could mean more pain ahead Aluminium falls on EGA alumina restart, still set for weekly rise South Korea, Taiwan lead $46 billion emerging market equity exodus in June Shein finally wins China's approval for Hong Kong IPO, in third attempt to go public SK Hynix's US listing sparks rush of single-stock ETF filings ASIA GOLD Gold discounts in India deepen as volatility hurts demand; purchases in China steady Russia's diesel export ban deepens global supply crunch Morning Bid: Lather, rinse, retaliate Sterling climbs to one-month high as dollar dips as markets weigh rate hikes Two Polish central bankers see no rush to cut rates after summer ECB is back to square one as US-Iran war resumes Fashion retailer Tailored Brands reveals revenue rise in US IPO filing BC Partners, CVC set sights on Italian coffee firm Segafredo Zanetti as fund owner weighs sale, sources say Saipem, Subsea 7 deal to be hit with EU antitrust investigation, sources say Bayer gets €3 billion in Apollo deal for contraceptives unit Portugal's Galp files for arbitration in tax dispute with Mozambique, ICSID website shows Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facility U.S. equity funds draw biggest weekly inflow in three weeks on tech earnings hopes Global equity fund inflows surge to three-week high on AI optimism ECB's Lagarde says she is not a French presidential candidate but will advocate for EU India's SP Group opens debut dollar debt issue after multiple delays, sources say India equity mutual fund inflows rebound from one-year low European shares snap four-week winning streak on tech selloff, US-Iran war Fed report cites 'stepped-up' inflation due to tariffs, Iran war, AI buildout Who is on Fed chief Warsh's review taskforces? Energy companies stand to gain as Iran war drags on Geopolitical shifts drive sovereign funds towards national priorities, study finds Wall St Week Ahead Investors to grapple with packed week of earnings, CPI, Iran headlines Nasdaq ends sharply higher; chip surge offsets Iran worries AT&T reaches $184.1 million settlement with employees over pension plan California cannot seek damages from 23andMe successor over 2023 data breach US court pauses union lawsuit against Trump consumer watchdog Baker Hughes wins conditional EU nod for $13.6 billion Chart deal German parliament passes heating law easing renewable energy requirement Northland, Orlen say first power generated at Poland wind farm Activist investor Elliott builds stake in software firm CCC, Bloomberg News reports Tencent in talks to become AI startup Manus' largest shareholder, sources say From curiosity to cornerstone - how batteries went mainstream Western Europe records hottest June on record, EU scientists say US appeals court rebukes lawyer over ‘fake and hallucinated’ case citations US judge says DOJ lawyers can work from home pending lawsuit over telework policy Amazon settlement lets customers pursue $200 million from social casino app developers Jones Day settles $9.6 million legal fee lawsuit against private equity firm US appeals court to reconsider ruling faulting Trump's immigration detention policy Trump fires Election Assistance Commission members ahead of midterms Trump administration ties states' anti-terrorism grants to election security US judge won't block FTC case against transgender health nonprofit DOJ says white supremacist charged after threats to US lawmaker, Muslims and transgender people DOJ sues Maryland, alleges state policies interfere with immigration crackdown Chicago Law bans phones and laptops from first-year classes to combat AI Proposed rules call for DOJ disclosure when grand juries reject indictments in Massachusetts The financial week in five charts Aluminium supply shock revives long-idled Western smelters Trading Day: What war? Chip-led rally helps markets ignore on-again, off-again US-Iran truce Altera returns to growth as AI, robotics fuel demand, CEO says Meta AI image detector fails to identify some of its own cropped AI images, Reuters analysis finds Special delivery: Italy's postman joins the AI infrastructure race SK Hynix CEO sees worst memory shortage in 2027, demand to outstrip supply beyond 2030 Russian man pleads not guilty in US cyber espionage case China successfully tests sea-based rocket booster recovery system Pioneering aviator and astronaut trainee Wally Funk dead at 87 Taiwanese chipmaker Nanya plans $6 billion in spending in 2027, riding AI boom OpenAI's AGI deployment chief Fidji Simo to step down after medical leave Artists restore gigantic Messi mural in his hometown Viking enthusiasts hail spirit, if not technique, of Norway fans' "Viking row" Sea snail named Aldisa vozinha in honour of Cape Verde keeper Actor Anthony Hopkins signs record deal as a composer Bayeux Tapestry returns to Britain for first time in nearly 1,000 years Argentine archbishop reads out Messi's words at Independence Day Mass Starbase like a local Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. 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